DARDEN RESTAURANTS INC 4
0001225208-26-006804
View on SEC EDGARTodd Burrowes received and converted a total of 10,582 RSU/performance RSU shares of Darden common stock and had 4,165 shares withheld/sold for taxes, resulting in direct ownership of about 50,741 Darden shares.
On July 26–27, 2026, Todd Burrowes, Group President and President of Chuy's at Darden Restaurants Inc., had multiple equity compensation-related transactions. Performance restricted stock units from FY24 (2,325 shares) and restricted stock units from the FY24 annual grant (2,257 shares) vested and were converted into common stock, and FY23 performance RSUs (6,000 shares) also converted into common stock, all on a one-for-one basis at no exercise price. To cover associated tax obligations, the issuer withheld and disposed of 889, 915, and 2,361 shares of common stock, respectively, at approximately $196.31 per share, an aggregate sale value of roughly $809,000. After these RSU conversions and tax-related share withholdings, Burrowes’ direct ownership increased to about 50,741 common shares, with an estimated market value of approximately $10.8 million based on the recent stock price.
Filing Facts
- CIK
- 940944
- Ticker
- DRI
- Form
- 4
- Source Type
- sec
- Accession
- 0001225208-26-006804
- Alert Tier
- 6